Msg#: 4522807 posted 8:45 am on Nov 27, 2012 (gmt 0)
Wow, I had no idea... someone mentioned here before that Amazon are kind of big time white listed on Google SERPs. Could this be the reason?...
The story is this - in 1998 when Larry Page’s and Sergey Brin’s Google offices were a Menlo Park, California garage - Bezos invested $250,000 of personal funds into the fledgling search engine in a $1 million follow-on investment round.
When Google went public in 2004, that $250,000 investment translated into 3.3 million shares of Google stock. At Google’s IPO that represented a stock share position worth over $280 million!
While Bezos does not disclose how many of those shares he still holds, at the current price of Google stock they would represent an investment position of over $1.5 billion.
Msg#: 4522807 posted 9:11 pm on Nov 30, 2012 (gmt 0)
All it shows to me is that Bezos is one great businessman. He's made Amazon into one of the most efficient companies in the world and although I wouldn't dream of being a supplier to them it is the first company I turn to when I'm buying anything from coconut milk to web servers.